Indian Railways is working on a proposal to create a mega fund with a corpus of Rs.1,10,239 crore, to upgrade its creaking infrastructure.
Tag: Indian Railways
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All contracts to be on e-tendering platform soon: Prabhu
Railway Minister Suresh Prabhu said by early next year all tendering for Indian Railways will be done online.
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Back on the rails?
Indian Railways has been a victim of years of chronic underinvestment. Though ushering in the PPP mode and 100 per cent FDI for the sector are being perceived as a panacea, there are miles to cover before things get rolling.
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.
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Need to focus on projects which are remunerative
Sunil Srivastava, Managing Director, Balaji Railroad Systems Ltd, comments on the dismal state of the Indian Railways, delayed projects, and the government´s role in improving the sector.
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Investment in Railways to increase
Girish Pillai, Advisor-Infrastructure, Indian Railways, has highlighted key features of the Indian Railways´ five-year action plan. Pillai said the National Transport Development Policy Committee has estimated investment till 2032 to be worth Rs 32,00,000 crore.
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Railway Passenger Bookings Fall Over 4%
An over 4 per cent fall in passenger bookings between April and August this year has left the Indian Railways worried, raising concerns about a possible
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Rationale behind HSR
An investment in HSR is typically a government decision which is primarily dependent on a number of factors, such as current and projected traffic, expected saving in time, and a reduction in accidents due to a modal shift, reduction in environmental externalities, ease in congestion in existing modes, and the average willingness of the users to pay.
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Tracking Railways´ Performance
Indian Railways has long been groaning under its own weight. How much longer will it be before the government can turn things around? Indian Railways, or Imperium in imperio, as the giant lifeline of India
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Indian Railways improves OR
In a significant financial achievement, Ministry of Railways has shown an improvement in its operating ratio (OR) for the year 2014-15.